We’re all about simplicity here so you won’t encounter any hassle or confusion with your BOI report. Here’s what it looks like to partner with Dibble:
Dibble is the easy way to file your BOI report
Step 1: Tell us about your company
We’ll ask you a few simple questions about your company and the individuals who own or control it. This info will help us ensure your BOI report is accurate.
Step 2: We create and file your BOI report
We prepare a customized BOI report that meets all FinCEN requirements and we file it directly with FinCEN on your behalf. We’re a FinCEN authorized API provider so this is easy peasy.
Step 3: We confirm FinCEN has accepted your report
We provide you with status updates as soon as we file your BOI report with FinCEN, and we send you final confirmation that your report has been accepted. FinCEN typically accepts BOI reports within a few days.
Step 4: We help you stay compliant
We monitor for changes to your information that might require an updated report. Since FinCEN requires that changes are reported within 30 days, we take the worry out of staying compliant.
Here’s what you need to file a BOI report
The BOI report questions are pretty straightforward. In fact, you probably have all the information you need on hand. Here are the kinds of questions you can expect to be asked:
Reporting Company Information
First, we’ll ask you a few basic questions about your business, including:
- Full legal name of your company
- Complete U.S. address
- Taxpayer Identification Number (TIN) or Employer Identification Number (EIN)
Beneficial Owner Information
Next, we’ll ask you for basic information about each beneficial owner and ask you to provide a copy of a FinCEN-approved identifying document:
- First, middle, and last name
- Complete U.S. address
- Copy of an identifying document like a non-expired U.S. passport of a state-issued driver’s license
That’s it. Once you’ve answered all the questions, we review your BOI report to ensure it’s fully compliant with FinCEN’s requirements and then we file it on your behalf. Easy peasy.
Frequently asked questions about BOI reporting
What is a Beneficial Ownership Information (BOI) report?
A BOI Report outlines the ownership and control structure of a business, providing transparency about individuals who ultimately own or substantially control a company to the Financial Crimes Enforcement Network (FinCEN) in order to satisfy the requirements of the Corporate Transparency Act (CTA).
What companies are required to file a BOI report?
Businesses, corporations, limited liability companies, and any other entity that has formed with a secretary of state or any similar office in the United States This includes companies formed under the law of a foreign country that have registered to do business in the U.S. We make it easy to check whether your business is required to file with just a few simple questions–no need to share personal information or pay anything to check.
How often do I need to file a BOI report?
Updated reports are required when there are changes to previously reported information about the owners or controlling members of a business, or their identifying information. For example, an updated Beneficial Ownership Information Report is required when a controlling member’s primary residential address changes or when the ID that they submitted with the original report expires. Additionally, an updated Beneficial Ownership Information Report is also required if initially reported information is incorrect or if entities amend their formation documents. Businesses have 30 days from the date of the change or amendment to file an updated Beneficial Ownership Information Report.
Our annual plan takes this burden off of you so that you can enjoy peace of mind and can focus instead on running and growing your business.
Why should I use a service like Dibble to file my BOI report?
The Corporate Transparency Act is one of the most important legislations to impact small businesses owners. The Beneficial Ownership Information Reporting Rule—a new requirement under this legislation—is effective Jan. 1, 2024 and mandates that most limited liability companies and corporations must file the beneficial owner report.
Although some companies may attempt to file themselves, given the nuances and complexities of this new federal requirement, the majority of companies will likely opt for assistance to ensure accuracy, meet the strict deadlines, and avoid errors, penalties, and the distraction to their business.
File your BOI report now
Stay compliant. Save time. Enjoy peace of mind.